Definition:
The market for Running footwear includes shoes designed specifically for running activities. These shoes are engineered to provide support, cushioning, and stability to enhance running performance and reduce injury risk. The segment focuses on functional aspects tailored to various types of running, such as road running, trail running, and long-distance running.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per pair), and sales channels data. Online and offline distribution channels are considered, including purchases from digital marketplaces and physical stores. Key players include companies such as Nike, Adidas, Brooks, and Asics.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Feb 2023
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Leather Footwear segment is the second biggest of the Footwear market. Leather footwear is popular because of its durable and high-quality material. However, in the context of the fast-paced fashion industry, durable leather footwear can be perceived as old-fashioned when comparing it with the models from previous season’s.
The segment is projected to see the lowest increase in revenue between 2022 and 2027 due to increasing consumer interest in sustainability and environmental issues and therefore in buying more eco-friendly shoes. Regardless of these factors, the Leather Footwear segment will not lose its significance within the Footwear market.
Data coverage:
Data encompasses B2C enterprises. Figures are based on the consumer spending on footwear which comprises Sneakers, Athletic Footwear, Leather Footwear, and Textile & Other Footwear segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index, and population. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Footwear market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.Notes: Based on IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights